(a)
All appropriate insurance, including comprehensive general liability, physical damage, and workers' compensation insurance, reasonably sufficient to protect the interests of the Corporation and the Grand Traverse Band from all insurable liability and other risks shall be carried on all enterprises, properties, and persons under the jurisdiction or management of the Corporation, including all employees of the Corporation, insofar as such insurance is reasonably obtainable by the Corporation.
(b)
The Corporation shall have the power to obtain and maintain insurance on behalf of any person who is or was a director, officer, employee, or agent of the Corporation, or is or was serving at the request of the Corporation as a director, officer, employee, or agent of another corporation, partnership, limited liability company, or other enterprise, against all liability asserted against him or her and incurred by him or her in such capacity or arising out of his or her status in such capacity.